Famous cryptocurrency analyst and economist Raoul Pal, It continues to attract a lot of attention with its statements on the crypto money sector.
Investing in the leading cryptocurrency Bitcoin, but focusing on Ethereum, the second largest cryptocurrency by total market capitalization over time, Pal thinks that cryptocurrencies will gain even more importance on a global scale.
Pal Is Very Hopeful For 4 Altcoins
In his latest interview with Goko Group on his YouTube channel, Pal stated that he thinks the total value of the cryptocurrency market will increase 100 times in the coming years.
Stating that cryptocurrencies are growing much faster than all the technological developments recorded in history, the analyst stated that soon 2 trillion dollars will be 200 trillion dollars and this will happen within a maximum of 10 years.
Apart from Bitcoin and Ethereum, Pal also focused on four cryptocurrencies, emphasizing that they could achieve a serious rise in the long run.
The analyst stated that these are Solana, Terra, Polkadot and Avalanche. Emphasizing that these are competitors to Ethereum, the analyst underlined that Ethereum will rise with them.
Emphasizing that investors should pay attention to Ethereum and that it will be the money of the internet, Pal stated that it has even reached mainstream acceptance.
Emphasizing that Ethereum is an easy-to-use, liquid, and a cryptocurrency / blockchain network with many applications, Pal thinks that the other 4 altcoins will soon be like Ethereum.
*Not Investment Advice.